CD Howe Institute
Toronto, ON M5E 1J8
President & CEO: William Robson
Board Chair: Hugh MacKinnon
Charitable Reg. #: 11884 1626 RR0001
Social Results Reporting
Grade: BThe grade is based on the charity's public reporting of the work it does and the results it achieves.
Program Cost Coverage
Full-time staff #32
Avg. Compensation $102,374
Top 10 Staff Salary Range
|$300k - $350k||0|
|$250k - $300k||0|
|$200k - $250k||0|
|$160k - $200k||1|
|$120k - $160k||5|
|$80k - $120k||2|
|$40k - $80k||0|
About CD Howe Institute:
Founded in 1958, CD Howe Institute (CDHI) is an independent research institute and public policy think tank. CDHI addresses 4 key policy challenges: stronger economic growth, financial stability, better opportunities for individuals and more effective economic and social policy institutions. CDHI has more than 300 trusted experts, academics and researchers, who produce over 50 high-quality research reports every year.
In F2015, CD Howe Institute spent $3.9m on its research and publications. CDHI organized 73 policy events across Montreal, Ottawa, Toronto and Calgary, and produced 66 research and council reports. The reports covered a variety of topics including Fiscal and Tax Policy, Monetary Policy, International Economic Policy, Economic Growth and Innovation, and Social Policy. Experts of the institute appeared in 191 interviews, wrote 90 op-eds in newspapers and gave 39 policy outreach presentations in F2015. University of British Columbia Professor Kevin Milligan received the prestigious Purvis Prize for his paper, Tax Policy for a New Era.
CD Howe Institute's research was cited 8,233 times in the media in F2015, a 62% increase over F2014. Its website received 413,305 views, a 23% rise from F2014.
CD Howe Institute is a Mid-Cap charity with donations and special events revenues of $4.8m in F2015. Total overhead costs come to 16%, falling within Ci's reasonable range. CDHI has total funding reserves of $8.5m that can cover program costs for 2.2 years. Excluding donor-endowed funds of $5.3m, funding reserves can cover program costs for 10 months.
This charity report is an update that is being reviewed by the charity. Changes and edits may be forthcoming.
Updated on August 22nd, 2016 by Mirza Shakir.
Financial RatiosFiscal year ending December
|Fundraising & admin costs as % of revenues||16.0%||15.1%||16.5%|
|Program cost coverage (%)||215.8%||243.8%||262.6%|
Summary Financial StatementsAll figures in $s
|Fees for service||59,955||17,739||631,831|
|Fundraising & administrative costs||781,103||665,111||665,780|
|Cash flow from operations||182,203||263,254||304,692|